Examlex
Employees of Robert Rogers,CPA worked during the last two weeks of December.They received their paychecks on January 2.The matching principle would require that which of the following accounts appear on the income statement for the year ended December 31?
Prorated Refund
A refund amount calculated to give back the proportionate value of an unused service or product, adjusted according to the time left or not consumed.
Fitness Club
A facility equipped with exercise equipment and often offering a variety of fitness, aerobic, and workout classes to its members.
Business Mathematics
The study of mathematics used by commercial enterprises to record and manage business operations.
Student Number-Class Ratio
The proportion representing the average number of students per class in an educational institution.
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